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MTF Forex broker specializes in providing foreign exchange trading services, the company's official website https://mingtakfn.co..., the company's legitimate regulatory information Hong KongHKGXPrecious Metals Trading (AGN) to enhance the security of the company's address Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.

MTF Forex Broker

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MTF

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MTFReview SummaryFounded2019Registered Country/RegionChina (Hong Kong)RegulationHKGXMarket InstrumentsMetals and Crude OilDemo Account/Leverage/SpreadStart from 0.15 pipsTrading PlatformMT5Minimum Deposit$10Customer SupportEmail: support@mingtakfn.comPhone: +852 54454098Social Media: Facebook, YouTube, Telegram, Instagram, WeChatAddress: Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.Regional Restrictionsthe U.S, Canada, Israel, and Islamic Republic of IranMTF Information MTF was established in 2019 and registered in Hong Kong, which is regulated by HKGX. The platform focuses on metal and commodity trading, with a minimum deposit of only $10. It uses MT5 trading software, is commission-free, and has spreads as low as 0.15 points. The platform targets experienced traders and provides comprehensive customer support. However, MTF does not provide services for residents from the following countries: the United States, Canada, Israel, and the Islamic Republic of Iran.Pros & ConsProsConsRegulated by HKGXLimited info on account typeSpecialized in commodities tradingRegional restrictionsMinimum deposit as low as $10Limited payment optionsNo commissionMT5 support availableVarious customer support channelsIs MTF Legit? MTF is regulated by the HKGX, with Mingde International Tracker Limited as the regulatory entity, holding a Type AA License with license number 194.Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberChina (Hong Kong)Hong Kong Gold Exchange (HKGX)RegulatedMingde International Tracker LimitedType AA License194What Can I Trade on MTF? MTF's tradable instruments focus on metals and commodities, mainly precious metals and US crude oil.Tradable InstrumentsSupported Metals✔Crude Oil✔Commodities✔Forex❌Indices❌Stocks❌Cryptocurrencies❌Options❌Funds❌ETFs❌Fees Commission: MTF does not charge commission. Spread: MTF's spreads vary depending on the asset, starting as low as 0.15 points. Minimum deposit: MTF's minimum trading amount is $10.Trading Platform MTF supports trading via MT5, which is a well-known mainstream platform in the industry. It has an automatic trading system and is popular among traders.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced tradersMT4❌/BeginnersDeposit and Withdrawal MTF accepts payments via bank wire transfer. MTF transfers take only 5 minutes to process. Note: MTF does not accept third-party transfers. There are no fees for deposits and withdrawals on MTF.
How to login to MTF?

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Pros
Regulated by HK GX, providing a level of trust and security.
Minimum deposit as low as $10, making it accessible for new traders.
No commission on trades, with spreads starting from 0.15 pips.
Cons
Limited information on account types and trading conditions.
Regional restrictions that exclude residents from the U.S., Canada, Israel, and Iran.
Limited payment options for deposits and withdrawals.

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Ming Tak International Development Limited
Abbreviation
MTF
Company employee
--
Customer Service Email Address
support@mingtakfn.com
Contact Number
+85254454098
Company Website
Company Address
Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.
How to login to MTF?
mtf Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a mtf Account Registering for an mtf account is the first step towards leveraging your investments through margin trading. Heres a step-by-step guide to help you through the mtf registration process: Accessing the Registration Page Visit the official mtf website or the specific brokerage site offering the mtf service. Look for the “Register” or “Sign Up” button prominently displayed on the homepage. Filling in Required Information Complete the registration form with necessary details such as your name, email address, phone number, and any other required personal information. Ensure that all information is accurate to avoid issues later. Email/Phone Verification After submitting the form, you will receive a verification link via email or a code via SMS. Click the link or enter the code to verify your contact information. This step is crucial for account security. Identity Verification (if required) Depending on the brokerage, you may need to provide identity verification documents. This could include a government-issued ID, PAN card, or proof of address. Ensure that you have these documents ready for a smooth process. Registration Confirmation Once your information is verified, you will receive a confirmation email stating that your mtf registration is successful. This email may also contain instructions for the next steps regarding account opening. Common Registration Issues and Solutions Issue: Not receiving the verification email or SMS. Solution: Check your spam folder or ensure you entered the correct email/phone number. If still unresolved, contact customer support for assistance. Issue: Unable to complete identity verification. Solution: Ensure that the documents you provide are clear and valid. Double-check the requirements listed on the brokers site. Regional Differences in Registration While the registration process is generally consistent, some regions may have specific requirements, such as additional identification or documents mandated by local regulations. Always check with your brokerage for any regional stipulations. Part Two: mtf Account Opening Detailed Guide Understanding Account Opening vs. Registration While registration is about creating an account with basic information, account opening involves setting up a trading account that allows you to start trading using the margin trading facility (mtf). Preparation Work Before Account Opening Before you initiate the mtf account opening process, gather the following documents: PAN card Aadhar card or government-issued ID Bank account details Recent passport-sized photographs Detailed Account Opening Steps Selecting Account Type Choose the type of account you wish to open (demat, trading, or margin trading account). Some brokerages offer bundled services. Submitting Required Documents Upload or submit your identification documents, proof of address, and any additional documents required by the brokerage. Ensure that the documents are clear and legible. Account Review Process After submission, the brokerage will review your documents. This process can take anywhere from a few hours to a few days, depending on the brokerages workload. Account Activation Once approved, you will receive an email confirmation with your account details, including your client ID and password. Initial Setup Log in to your new account using the provided credentials. You may be prompted to change your password and set up security questions. Frequently Asked Questions About Account Opening Q: How long does the account opening process take? A: Typically, it takes 1-3 business days, but this may vary based on verification speed. Q: Can I use my existing demat account? A: Yes, if your brokerage allows linking existing accounts. Next Steps After Opening an Account Once your account is active, familiarize yourself with the trading platform, explore the features available, and consider making a small initial investment to start trading under the mtf facility. Part Three: mtf Login Process Explained Basic Web Login Process Logging into your mtf account is straightforward. Follow these steps: Visit the Login Page Go to the official mtf website and click on the “Login” button. Enter Your Credentials Input your registered email or username and password in the respective fields. Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, you will receive a code on your registered mobile. Enter this code to proceed. Click on Login After entering your credentials and any additional verification, click the “Login” button. Access Your Dashboard Upon successful login, you will be redirected to your account dashboard where you can view your portfolio and trading options. Mobile App Login Process If you prefer using a mobile app, the login process is similar: Open the app, enter your credentials, and follow any prompts for verification. Common Login Issues and Solutions Forgotten Password Use the “Forgot Password” link on the login page to reset your password via email or SMS. Account Lockout If your account is locked after multiple failed login attempts, contact customer support to unlock it. Technical Issues Ensure that your internet connection is stable. Clear your browser cache or update the app if you encounter issues. Overview of Features After Login Once logged in, you can manage your portfolio, view market trends, execute trades, and access educational resources to enhance your trading skills. Additional Sections Account Security Recommendations Always enable two-factor authentication. Use a strong, unique password. Regularly monitor your account for any suspicious activity. Best Practices for Account Management Keep your personal information updated. Regularly review your investment strategy. Stay informed about market trends and news. How to Get Technical Support If you encounter any issues, contact customer support via the help section on the website or app. Many brokerages also provide live chat options for immediate assistance. This comprehensive guide provides a step-by-step approach to registering, opening, and logging into your mtf account. By following these instructions, you will be well-equipped to navigate the mtf platform effectively and maximize your investment potential.

MTF Forex Broker - Complete Information Guide

1. Broker Overview

Ming Tak Financial (MTF), established between 2 to 5 years ago, operates as a private entity headquartered in Room 1106, Tower 2, Ever Gain Plaza, 88, Container Port Road, Kwai Chung, N.T., Hong Kong. The broker primarily serves retail clients and institutional investors, focusing on trading in foreign exchange and commodities. MTF has grown significantly since its inception, marking milestones such as obtaining regulatory licenses that enhance its credibility in the financial market.

As a multilateral trading facility (MTF) broker, MTF provides a platform for multiple parties to trade a variety of financial instruments, including precious metals and crude oil, while ensuring competitive pricing and liquidity. The broker emphasizes a user-friendly trading environment, making it accessible for both novice and experienced traders.

2. Regulatory and Compliance Information

MTF is regulated by the Chinese Gold & Silver Exchange Society (CGSE), holding a Type AA license with the regulatory number 194. This regulation provides a level of trust for traders, as it ensures adherence to specific operational standards and practices. The license is valid for various trading activities, primarily within Hong Kong.

The broker implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to protect both the firm and its clients. Client funds are kept in segregated accounts to ensure their safety, and MTF participates in an investor compensation fund, which further safeguards customer investments.

3. Trading Products and Services

MTF offers a diverse range of trading products, including over 50 currency pairs in the forex market, with major pairs such as EUR/USD, GBP/USD, and USD/JPY being particularly popular. Additionally, MTF provides Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

Unique trading offerings at MTF include precious metals like spot gold (XAU/USD) and silver (XAG/USD), as well as US crude oil trading (WTI and Brent). The broker frequently updates its product offerings to meet market demands, ensuring that traders have access to the latest financial instruments.

MTF caters to both retail and institutional clients, providing tailored services that include white-label solutions and asset management services for professional investors.

4. Trading Platforms and Technology

MTF supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their advanced trading features and user-friendly interfaces. These platforms allow traders to execute trades, utilize technical analysis tools, and automate their trading strategies effectively.

In addition to MT4 and MT5, MTF provides a web-based trading platform that enables clients to trade directly from their browsers without the need for software installation. The broker also offers mobile applications for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.

The broker operates on an ECN (Electronic Communication Network) model, ensuring direct market access and competitive spreads. MTF maintains its servers in the United States, leveraging advanced technology infrastructure to enhance trade execution speed and reliability. The broker also supports API access for automated trading solutions.

5. Account Types and Trading Conditions

MTF offers several account types to cater to different trading needs:

  • Standard Account: Requires a minimum deposit of $10, with fixed spreads starting from 0.15 pips and no additional commissions.
  • VIP Account: Designed for high-volume traders, offering lower spreads and personalized services.
  • Islamic Account: Available for clients who require a swap-free trading environment.
  • Corporate Account: Tailored for institutional clients, providing enhanced trading conditions and support.

The broker allows leverage ratios up to 1:100, depending on the asset traded, with a minimum trade size of 0.01 lots. MTF's overnight fees are clearly outlined in its terms and conditions, ensuring transparency for all traders.

6. Fund Management

MTF supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account set at $10.

Deposits are typically processed within 24 hours, and MTF does not charge any fees for deposits. However, withdrawal methods may include bank wire transfers and checks, with processing times ranging from 1 to 5 business days. The broker maintains a transparent fee structure for withdrawals, ensuring that clients are aware of any applicable charges.

7. Customer Support and Educational Resources

MTF provides comprehensive customer support through multiple channels, including telephone, email, live chat, and various social media platforms. The support team operates during business hours in Hong Kong, ensuring timely assistance for clients.

The broker supports multiple languages, catering to a diverse clientele. MTF also offers a range of educational resources, including webinars, tutorials, and eBooks, aimed at enhancing traders' knowledge and skills. Market analysis services are provided through daily reports, news updates, and research publications, helping clients make informed trading decisions.

8. Regional Coverage and Restrictions

MTF primarily serves clients in Hong Kong and other parts of Asia, with plans for expansion into broader international markets. The broker operates from its headquarters in Hong Kong, which serves as its main office.

However, MTF does not accept clients from certain jurisdictions, including the United States, Canada, and other countries where regulatory restrictions apply. This policy ensures compliance with international trading regulations and protects both the broker and its clients.

In conclusion, MTF stands out as a reliable mtf broker, offering a diverse range of trading products, a robust regulatory framework, and a user-friendly trading environment. With its commitment to transparency and client support, MTF is well-positioned to meet the needs of traders in the ever-evolving financial landscape.

Latest Reviews

FX4046951832

FX4046951832

Verified

Hong Kong

Imposed closing time limits, turning profitable accounts into losing ones. Stopped trading without reason and prevented withdrawals. Even refused to pay agent commissions.

Exposure

01-23

sweet8724

sweet8724

Bangladesh

assest to wallet not transfer with 5 day

Exposure

2023-08-12

黄金白银走势分析師

黄金白银走势分析師

Authenticated
Verified

Hong Kong

The deposit and withdrawal are safe, the spread is low, and there is no slippage after using it for half a year, which is good overall.

Positive

2023-07-18

FX1027111783

FX1027111783

Hong Kong

The advantage is of course low spreads. But when you make any trades, there are actually people watching you. For example, if you buy or sell gold and the US releases data that affects the price of gold, your entry price will be far from the market price (gold can exceed $10), which means there is a significant slippage. Without underestimating it, it is crucial to slow down your buying price. Other brokers also have slippage, but not as slow as this. Keep up the good work, everyone! 💪

37130

2024-09-21

FX1685654954

FX1685654954

Ukraine

MTF has ctrader account to connect TradingView, however, it often fail to login, keeps saying

37130

2024-06-14

MTF Forex Broker has an overall rating of 7.77, Regulatory Index 7.15, License Index 7.17, Business Index 7.09, Software Index 9.30 Risk Control Index 9.62.